Mondi won't be scrapping its London listing anytime soon, according to chairman Cyril Ramaphosa, despite complaints that the company just isn't getting the recognition it deserves overseas. Mondi won't be scrapping its London listing anytime soon, according to chairman Cyril Ramaphosa, despite complaints that the company just isn't getting the recognition it deserves overseas. At Mondi's AGM last week, Ramaphosa and joint chairman Sir John Parker were asked to "bring Mondi home" by cancelling its UK listing and trading exclusively on the JSE. The paper company didn't have a choice where to list in 2007 when it was unbundled from the dual-listed Anglo American. Like Anglo, Mondi shares were split into London-listed Mondi Plc (with a secondary listing in SA), and the JSE-listed Mondi Ltd.At the AGM, Opportune Investment's Chris Logan told Ramaphosa there was "value in getting rid of the dual-listed company structure" and "choosing the stock exchange that gives you the highest rat...
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